HawkEye 360 (NYSE:HAWK) Stock Rating Upgraded by The Goldman Sachs Group

HawkEye 360 (NYSE:HAWK) was upgraded by equities research analysts at The Goldman Sachs Group to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other analysts also recently commented on HAWK. Robert W. Baird assumed coverage on HawkEye 360 in a research note on Monday. They set an “outperform” rating and a $41.00 price objective for the company. Wall Street Zen raised HawkEye 360 to a “hold” rating in a research note on Saturday, May 16th. William Blair assumed coverage on HawkEye 360 in a research note on Monday. They set an “outperform” rating for the company. UBS Group set a $42.00 price objective on HawkEye 360 in a research note on Monday. Finally, Raymond James Financial assumed coverage on HawkEye 360 in a research note on Monday. They set a “strong-buy” rating and a $40.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $39.25.

HawkEye 360 Stock Down 0.3%

HAWK opened at $31.54 on Monday. The company has a market cap of $2.94 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 52 week low of $28.83 and a 52 week high of $35.73.

Insider Transactions at HawkEye 360

In other HawkEye 360 news, Director Francis Alphonse Finelli bought 9,615 shares of the company’s stock in a transaction on Friday, May 8th. The shares were bought at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the transaction, the director owned 9,615 shares of the company’s stock, valued at approximately $249,990. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.80% of the company’s stock.

About HawkEye 360

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.